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A recently published working paper, collaboratively authored by industry experts, examines the critical influence of bitcoin mining in promoting worldwide clean energy efforts and stabilizing electricity grids. This paper probes into the utility of mining as a flexible and versatile instrument for large-scale demand response in industries and harnessing unused energy resources. Working Paper Highlights […]
A newly published working paper on Bitcoin mining has worked to counter claims from anti-crypto politicians that Bitcoin is melting the planet.
The new $780-million home of New York City’s soccer club plans to be the first fully electric professional sports stadium in the state. Here’s how.
RED Horticulture closed a €17 million Series A funding round to drive its growth and invest in the development of its high-performance lighting strategies. The round was led by European Circular Bioeconomy Fund (ECBF), Demeter IM and Unigrains. Part of the financing comes from a banking pool (BPI, BNP Paribas, CIC, Crédit Agricole, Société Générale) […]
The post Lyon-based RED Horticulture bags €17 million Series A to reduce energy consumption of greenhouses appeared first on EU-Startups.
As both artificial intelligence and cryptocurrency gain traction in several aspects of our lives, their escalating energy demands have become a critical issue. Like all technologies that improve our quality of life at the cost of using resources, generative AI and cryptocurrencies—Bitcoin (BTC) in particular—have already produced tremendous value while consuming tremendous amounts of energy. […]
The post Op-ed: Cutting the environmental cost of cutting-edge technologies like AI and Bitcoin appeared first on CryptoSlate.
While it’s not ready for production, it’s a step in the right direction.
Binance is set to publicly launch a crypto exchange in Thailand in early 2024 in partnership with the local energy powerhouse Gulf Energy Development. According to a filing with the Stock Exchange of Thailand on Nov. 15 by Gulf Energy,…
Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis.
NuScale and its primary partner give up on its first installation.
UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.